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Indianapolis-based real estate developer Buckingham Cos. has finalized plans to build 272 new apartments in Oakley that would connect with the Oakley Station development.

Construction is expected to begin in May at Madison, Cardiff and Ridge avenues in Cincinnati, the company said Tuesday. The development is expected to house seven three-story buildings with contemporary design features including flat roofs, brick and stone facades, and varying color palettes. The development is expected to be complete in summer 2015.

The development will have units with one, two and three bedrooms. Pricing information was not immediately released.

“We’re thrilled to begin work in Oakley, and we look forward to joining this great neighborhood,” said John Cumming, Buckingham’s senior vice president of development operations in a statement. “We are grateful for the Oakley Community Council’s vision, and we’re committed to providing a great space that complements Oakley’s character and charm.”

Plans call for creating direct access to the Madison Road pedestrian bridge, which would connect the development to Oakley Station and the neighborhood’s central business district.

Buckingham said it will pursue certification for Leadership in Energy and Environmental Design, or LEED, for homes. Among the features it hopes to include are enhanced insulation, energy-efficient heating and cooling systems, windows and doors with stronger thermal resistance and landscape design requiring low water usage.

“We look forward to this development as a crucial and exciting addition that will foster increased livability, walkability and residency within our neighborhood,” said Craig Rozen, president of Oakley Community Council, in a statement.

Apartments will be designed around a common open space and each bedroom will have access to a bathroom. The site will feature living room, theater, game room and on-site fitness center. The development will have 29 carport spots, 25 private garages, and surface parking for residents and guests.

Founded in 1984, Buckingham manages nearly $1 billion of real estate assets. It has managed more than 90 properties consisting of nearly 20 million square feet of property and about 15,000 rental units around the country.⬛